TABLE OF CONTENTS 1. Introduction.................................................................................................................2 2. Decision making in business.......................................................................................2 3. Characteristics of deontology .....................................................................................3 4. Arguments in favour of applying deontology in business......................................
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Renewable energy is energy that originates from natural sources‚ which is a continuing and nonpolluting energy that is replenished due to its perpetual natural motion. These sources are commonly solar‚ geothermal‚ wind and tidal energies. Comparing different countries’ use of renewable energies -- in Portugal this year‚ close to 45 percent of its electricity will come from renewable energy sources (Rosenthal‚ 2010). This compared to 10.1 percent in the United States (U.S. Energy Administration
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Biofuels Coal and crude oil are non-renewable resources. They take so long to form that they cannot be replaced once they have all been used up. This means that these fossil fuels are likely to become more expensive as they begin to run out. Petrol‚ diesel and other fuels produced from crude oil make a range of harmful substances when they are burned‚ including: carbon dioxide carbon monoxide water vapour particulates (solid particles) sulfur dioxide oxides of nitrogen or NOx. Biodiesel Biodiesel
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THE STORY OF "GREENFREEZE" In the spring of 1992 Greenpeace brought together scientists who had extensively researched the use of propane and butane as refrigerants‚ with an East German company DKK Scharfenstein. The company had been producing refrigerators for 50 years and was the leading household appliance manufacturer in the former East Germany. After reunification‚ however‚ it faced severe economic problems and was due to be closed down. The meeting between the scientists and DKK Scharfenstein
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Should Adolescent be allowed to Make Their Own Life and Death Decisions? Advances in biomedical technology have to cures that were only imagined a few years ago (Stein‚ et al. 2001). New ethical dilemmas have been brought into medical care of patients by these advances‚ especially those with life-threatening condition. Decisions for medical treatment must include a thorough understanding of the procedure and major side effects‚ especially pain and disability and their duration (Stein
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DECISION UNDER UNCERTAINTY MZ510 ANALYTICAL METHODS 23 SEPTEMBER 2013 OUTLINE Objectives Introduction Application (Example) Decision Criteria Summary 2 OBJECTIVES Study situations where decisions are made in an uncertain environment Introduce basic theory of decision making under uncertainty Demonstrate how to calculate and select a decision when uncertainties regarding the future exist Understand the method that
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DECISION QUIZZES 1. The value of perfect information is directly related to losses predicted with imperfect information. A. True B. False A. True B. False 2. EVPI is the expected financial value of the regret for the optimal decision under risk. A. True B. False A. True B. False 3. A decision tree branches out to include all of the possible decisions and all of the possible events we are capable of identifying. A. True
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Decision making is an essential leadership skill. If you can learn how to make timely‚ well-considered decisions‚ then you can lead your team to well-deserved success. If‚ however‚ you make poor decisions‚ your time as a leader will be brutally short. To determine what leads people to make bad decisions‚ it’s helpful to consider what we would need to create the ideal decision-making environment. Most theories on decision-making are based on what the rational decision maker will do when faced with
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the marketability discount and what are common ways of estimating this discount? Answer: The risk associated with an illiquid market for the specific stock is often referred to as the marketability or liquidity discount. Liquidity is the ease with which an investor can sell their stock without a serious loss of value. An investor in a small company may find it difficult to sell quickly their shares because of limited interest in the company. Consequently‚ the investor may find it necessary to sell
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Should Kuwait develop new sources of income as an alternative to oil? Kuwait is one of the Arabian Gulf countries in the Western area; it is next to Saudi Arabia‚ and Iraq. Most of the‚ Kuwaiti people‚ know that the most important source for living is oil‚ and its used it on a daily bases. Therefore‚ the question is what is the history of oil in our country‚ Kuwait. According to Koc.kw.com‚ oil was found in business sums at Burgan Field in 1938. In June of 1946‚ His Highness Sheik Ahmad Al-Jaber
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